Shang Hai Zheng Quan Bao·2025-07-02 18:36Fund Overview - The fund is named "Pengyang Research Selected Mixed Securities Investment Fund" and is a contract-based, open-end mixed securities investment fund [8] - The fund's initial offering period is from July 7, 2025, to August 8, 2025, with a maximum fundraising limit of 5 billion RMB [2][12] - The fund is managed by Pengyang Fund Management Co., Ltd., and the custodian is China Construction Bank [1][37] Fund Structure - The fund offers two classes of shares: Class A and Class C, differentiated by their fee structures [9][15] - Class A shares charge a subscription fee of up to 1.20%, while Class C shares do not charge a subscription fee [15][16] - The initial value for both Class A and Class C shares is set at 1.00 RMB [9] Subscription Process - Investors must ensure that their subscription funds are legally sourced and can be freely disposed of [3] - The minimum subscription amount through the direct sales electronic trading platform is 10 RMB, while the minimum for direct counter subscriptions is 50,000 RMB [12][14] - Subscription applications are accepted on a first-come, first-served basis, and any excess applications beyond the fundraising limit will be subject to a proportional allocation [2][4] Fund Management and Operations - The fund's assets may be invested in both domestic and Hong Kong stock markets, subject to specific regulations [6] - The fund will generate interest on effective subscription amounts during the fundraising period, which will be converted into fund shares for the investors [33] - The fund's management reserves the right to adjust the fundraising arrangements based on market conditions and investor demand [14][36] Investor Information - Investors are encouraged to read the fund's prospectus for detailed information regarding risks and investment strategies [12] - The fund's management will provide customer service through various channels, including a dedicated hotline [37]